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Byju’s investors called an extraordinary general meeting (EGM) after the startup announced a plan to raise Rs 1662 crore after losing Rs 180806 crore valuation by way of a rights issue to all its equity shareholders.

Reports also surfaced that Byju's investors are seeking to oust the top bosses of the company led by Byju Raveendran, saying they are 'deeply concerned' about future stability under the current leadership. �� BYJU’s Salary Delay: Edtech Major Delays Salaries of Employees for January, US Unit Files for Bankruptcy, Says Report.

The company had earlier listed February 1 for the January salary pay-out for its employees, which has now been delayed and there is no communication, according to sources.

Byju’s had secured $1.2 billion in debt through a term loan facility from a consortium of foreign investors in November 2021.

Think and Learn Private Limited (TLPL), the parent company of Byju's, on Monday announced to raise $200 million by way of a rights issue to all its equity shareholders, in its bid to achieve operational sustainability.The proposed rights ...

Founders of BYJU'S have invested more than $1.1 billion in the last 18 months

New Delhi, Jan 29 (IANS) Think and Learn Private Limited (TLPL), the parent company of Byju’s, on Monday announced to raise $200 million by way of a rights

Think and Learn Private Limited (TLPL), the parent company of Byju's, on Monday announced to raise $200 million by way of a rights issue to all its equity shareholders, in its bid to achieve operational sustainability.The proposed rights ...

Two petitions have been filed before the NCLT, one is by US-based creditors and another is by an Indian unit of a French multinational company. Both petitions are yet to be filed

Byju’s, once counted among the world’s most valuable startups, is seeking to raise funds at a discount of more than 90% from its previous round to alleviate its financial problems.